THIS NEW ECONOMY
No one can escape the transforming fire...
...of machines.
Technology, which once progressed at the periphery of culture, now engulfs our minds as well as our lives. Is it any wonder that technology triggers such intense fascination, fear, and rage?
One by one, each of the things that we care about in life is touched by science and then altered. Human expression, thought, communication, and even human life have been infiltrated by high technology. As each realm is overtaken by complex techniques, the usual order is inverted, and new rules established. The mighty tumble, the once confident are left desperate for guidance, and the nimble are given a chance to prevail.
But while the fast-forward technological revolution gets all the headlines these days, something much larger is slowly turning beneath it. Steadily driving the gyrating cycles of cool technogadgets and gotta-haves is an emerging new economic order. The geography of wealth is being reshaped by our tools. We now live in a new economy created by shrinking computers and expanding communications.
This new economy represents a tectonic upheaval in our commonwealth, a far more turbulent reordering than mere digital hardware has produced. The new economic order has its own distinct opportunities and pitfalls. If past economic transformations are any guide, those who play by the new rules will prosper, while those who ignore them will not. We have seen only the beginnings of the anxiety, loss, excitement, and gains that many people will experience as our world shifts to a new highly technical planetary economy.
Thank you for syndicating the book (very cool & savvy idea).
Technology is an expensive investment, however it saves much time and money by giving society the information we need at any given place or time, without having to purchase anything beyond the original investment.
Not to sound like a sun-weathered hippie (because I'm not) but technology IS the revolution of this generation.
Thanks a lot, Kevin, for sharing your book in this innovative way. Seth Godin found it remarkable and I found it through his blog.
Thanks for syndicating your book. It's clear that the tectonic shift you are talking about has started to shake the pillars of power. I expect we will start to see the rise of several new powerhouse businesses in the next few years. The power of technology is now available to everyone, not just the elites. This means small business has access to the powerful tools that were formerly only reserved for big companies. The Cloud Paradigm has changed everything.
Giving your work away is an incredible gift! Thank you for sharing it so wonderfully.
Each stage of economic growth is derived from the prior economy by integrating the tools of that prior economy. For example, the knowledge economy was derived from the era of information by integrating the tools (computers) of that economy.
Since innovation is derived from knowledge which is derived from information, the next economic paradigm will be the Innovation Economy.
The Ingenesist Project (http://www.ingenesist.com) specifies 3 web applications which if deployed to social media will allow human knowledge to become tangible outside the construct of the traditional corporation.
Hold on to your hats, it's going to be a wild ride
Yep, it' very cool, I wonder where people without access to technology will be getting their info from in a few years if as we see print is on the way out. or is it? I'm talking about real backward people like those living in poor villages up in the mexican sierras and the like, though how they get it today is just the same question really, TV I guess is gonna still be the common denominator for most of the "rest".
Fantastic initiative. Thank you.